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  • Debt & Negative Equity

    Court Papers from UKAR UK GOV Hamlins solicit

    Court papers for repossesion of my property came today.

    I have obtained a Mortgage for 85% LTV and suggested to Hamlins the difference in valuation since 2007 I can repay monthly much like the New House Build scheme,over 5 years but they turned me down.

    Any ideas anyone?

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    This was originally a GMAC Mortgage then sold to Mortgage Express/Bradford and Bingley.

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    I recommend that you contact Landlord Debt Advisory.  Find out more by clicking the banner at the top of this thread.

    LDA has a lot of experience of negotiating with lenders and coming up with solutions where the landlord can keep their properties.

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    Thanks Vanessa,I spoke to them months ago,may be worth a call ,


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    Northern Rock Sold to Branson "For a Son" (as Taxpayers Lose (pounds sterling) 400 Million George Osbourne: Northern Rock sale is good for Taz Payer!!??


    The Evening Standard London England November 17 2011

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    National Audit Office

    Report by the Controller and Auditor General HM Treasury, UK Financilal Investments,UK Asset Resolution.

    The £13 Billion sale of former Northern Rock assets

    Key Facts

    Nominal value of mortgages and loans sold by UK Asset Resolution Ltd                             " £13.3 Billion"


    Premium paid over the nominal value of assets                                                                       " £74 Million."

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